NASDAQ:ZSZscaler Stock Price, Forecast & News

Zscaler's stock was trading at $42.88 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ZS stock has increased by 192.7% and is now trading at $125.49. View which stocks have been most impacted by Coronavirus.

22 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Zscaler in the last year. There are currently 1 sell rating, 10 hold ratings, 10 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Zscaler.

Zscaler is scheduled to release its next quarterly earnings announcement on Tuesday, September 8th 2020. View our earnings forecast for Zscaler.

Zscaler Inc (NASDAQ:ZS) released its quarterly earnings results on Thursday, May, 28th. The company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.02 by $0.05. The business earned $110.50 million during the quarter, compared to analyst estimates of $106.18 million. Zscaler had a negative return on equity of 14.93% and a negative net margin of 18.10%. The business's quarterly revenue was up 39.7% compared to the same quarter last year. During the same quarter last year, the company earned $0.05 EPS. View Zscaler's earnings history.

Zscaler issued an update on its FY20 earnings guidance on Thursday, May, 28th. The company provided EPS guidance of $0.20-0.21 for the period, compared to the Thomson Reuters consensus estimate of $0.15. The company issued revenue guidance of $422-424 million, compared to the consensus revenue estimate of $414.61 million.

22 analysts have issued 12-month price targets for Zscaler's shares. Their forecasts range from $45.00 to $152.00. On average, they anticipate Zscaler's stock price to reach $95.30 in the next twelve months. This suggests that the stock has a possible downside of 24.1%. View analysts' price targets for Zscaler.

News headlines about ZS stock have been trending very negative on Monday, InfoTrie reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Zscaler earned a news sentiment score of -3.2 on InfoTrie's scale. They also gave press coverage about the company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View the latest news about Zscaler.

Zscaler saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 8,430,000 shares, a decrease of 17.9% from the June 15th total of 10,270,000 shares. Based on an average daily trading volume, of 3,760,000 shares, the days-to-cover ratio is presently 2.2 days. Currently, 12.0% of the company's stock are sold short. View Zscaler's Current Options Chain.

Some companies that are related to Zscaler include Infosys (INFY), Cognizant Technology Solutions (CTSH), Verisign (VRSN), Wipro (WIT), NTT DATA CORP/ADR (NTDTY), EPAM Systems (EPAM), Obic (OBIIF), Amdocs (DOX), Aspen Technology (AZPN), GEMALTO NV/S (GTOMY), Endava (DAVA), Sogou (SOGO), PROS (PRO), Glu Mobile (GLUU) and Formula Systems (1985) (FORTY). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Zscaler investors own include NVIDIA (NVDA), Okta (OKTA), Alibaba Group (BABA), salesforce.com (CRM), Twilio (TWLO), Square (SQ), Trade Desk (TTD), Netflix (NFLX), Micron Technology (MU) and Paypal (PYPL).

(ZS) raised $110 million in an initial public offering on Friday, March 16th 2018. The company issued 10,000,000 shares at $10.00-$12.00 per share. Morgan Stanley and Goldman Sachs acted as the underwriters for the IPO and BofA Merrill Lynch, Barclays, Deutsche, Credit Suisse, UBS Securities, Baird, BTIG and Needham, Stephens were co-managers.

Zscaler trades on the NASDAQ under the ticker symbol "ZS."

Zscaler's stock is owned by a variety of retail and institutional investors. Top institutional investors include Moody National Bank Trust Division (0.03%), Red Spruce Capital LLC (0.02%), Diversified Trust Co (0.01%), Envestnet Asset Management Inc. (0.00%) and Inspirion Wealth Advisors LLC (0.00%). Company insiders that own Zscaler stock include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa and Robert Schlossman. View institutional ownership trends for Zscaler.

ZS stock was sold by a variety of institutional investors in the last quarter, including Red Spruce Capital LLC, and Envestnet Asset Management Inc.. Company insiders that have sold Zscaler company stock in the last year include Amit Sinha, Andrew William Fraser Brown, Karen Blasing, Manoj Apte, Remo Canessa, and Robert Schlossman. View insider buying and selling activity for Zscaler.

ZS stock was purchased by a variety of institutional investors in the last quarter, including Moody National Bank Trust Division, Inspirion Wealth Advisors LLC, and Diversified Trust Co. View insider buying and selling activity for Zscaler.

Shares of ZS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of ZS stock can currently be purchased for approximately $125.49.

Zscaler has a market capitalization of $16.23 billion and generates $302.84 million in revenue each year. The company earns $-28,660,000.00 in net income (profit) each year or ($0.12) on an earnings per share basis. Zscaler employs 1,480 workers across the globe.

The official website for Zscaler is www.zscaler.com.

Zscaler's mailing address is 120 HOLGER WAY, SAN JOSE CA, 95134. The company can be reached via phone at 408-533-0288 or via email at [email protected]